Q. I need another $30,000 to pay my son’s remaining college bills. I don’t have the cash. Am I better off with a home equity loan (my home is almost paid off) or should I take a loan from my 401(k) plan? I don’t plan to retire for another 10 years.
If you're a twenty-something frustrated by the price of education, or by the idea that you have to attend college to be successful, here's some encouragement.
Legislation sponsored by Senate Republican Leader Tom Kean Jr. and Senator Robert Singer to assure that New Jersey families understand student loan rates, schedules, debt and defaults was passed unanimously by the full Senate and heads to Gov. Christie for consideration.